Chapter 3 Trading journal #140–08/02/2019 +$121 (2 Broken rules, 2 Mistakes) I make money when there is 0/0

• Options note ( Start selling puts only after/on the second bottom — not earlier! )
• 2 broken rules today: Shorted the frontside and shorted Relatively Strong stock (MU)
• Execution mistakes: (SUNW — cover without reason, TVIX — did not take 2R)
• For mid-caps and large caps, I need to go over RW/RS market/ sector/ VWAP / levels — before making any decisions

Why mistakes? From a psychology perspective, the $AMZN trade was not an easy one for me. I was never out of money, but I knew it could go wrong. I was delta neutral for this scenario, but still, strikes were close. I must be more aware of what’s happening with me after/during trades like this. Although it was a slight change, but it did affect my decisions. I can accept execution mistakes a day, but 2 broken rules — which I’m specifically working on. This is not acceptable “.

My goal for the next week is to go consistent with stocks (grind out every penny and $) for 3 days. And size up a bit in the stocks.

The other mistake I did today. I did not work intentionally on being relaxed after each session. This should be imperative for me. After the AMZN trade, I should have taken a pause to…